Arrow Investment Advisors

Arrow Investment Advisors as of June 30, 2011

Portfolio Holdings for Arrow Investment Advisors

Arrow Investment Advisors holds 131 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Enterprise Products Partners (EPD) 6.3 $119M 2.8M 43.21
Kinder Morgan Energy Partners 6.0 $113M 1.6M 72.60
Energy Transfer Partners 4.6 $86M 1.8M 48.87
Plains All American Pipeline (PAA) 4.6 $86M 1.3M 64.00
Magellan Midstream Partners 4.5 $85M 1.4M 59.73
Buckeye Partners 4.1 $77M 1.2M 64.56
iShares Cohen & Steers Realty Maj. (ICF) 3.2 $60M 826k 72.51
Williams Partners 3.1 $59M 1.1M 54.18
Oneok Partners 3.0 $58M 675k 85.30
El Paso Pipeline Partners 3.0 $57M 1.6M 34.75
Enbridge Energy Partners 3.0 $57M 1.9M 30.07
MarkWest Energy Partners 2.9 $55M 1.1M 48.24
NuStar Energy 2.8 $52M 801k 64.69
iShares Lehman 7-10 Yr Treas. Bond (IEF) 2.6 $50M 522k 95.86
Vanguard Short-Term Bond ETF (BSV) 2.6 $49M 610k 81.03
Vanguard Mid-Cap Growth ETF (VOT) 2.6 $49M 722k 68.02
Vanguard Small-Cap Value ETF (VBR) 2.5 $48M 687k 70.08
Regency Energy Partners 2.5 $47M 1.8M 25.86
Targa Resources Partners 2.1 $39M 1.1M 35.60
PowerShares DB Gold Fund 2.0 $38M 731k 52.54
Copano Energy 1.8 $34M 989k 34.22
Boardwalk Pipeline Partners 1.7 $32M 1.1M 29.04
Sunoco Logistics Partners 1.6 $30M 351k 86.15
TC Pipelines 1.4 $26M 551k 47.77
Western Gas Partners 1.2 $24M 663k 35.54
Consumer Discretionary SPDR (XLY) 1.2 $22M 555k 40.21
Vanguard Small-Cap Growth ETF (VBK) 1.2 $22M 258k 85.90
Health Care SPDR (XLV) 1.2 $22M 619k 35.52
SPDR DJ Wilshire REIT (RWR) 1.2 $22M 328k 66.60
Energy Select Sector SPDR (XLE) 1.1 $21M 285k 75.35
WisdomTree Emerging Markets Eq (DEM) 1.1 $21M 350k 60.98
PowerShares DB Silver Fund 1.1 $21M 351k 60.79
Dcp Midstream Partners 1.1 $20M 493k 40.97
Spectra Energy Partners 0.9 $17M 521k 31.82
PowerShares DB Precious Metals 0.8 $16M 294k 54.95
Duncan Energy Partners (DEP) 0.8 $16M 358k 43.26
Genesis Energy (GEL) 0.8 $15M 556k 27.26
iShares Dow Jones US Basic Mater. (IYM) 0.8 $15M 188k 79.14
iShares Dow Jones US Industrial (IYJ) 0.8 $15M 213k 70.15
iShares Dow Jones US Consumer Ser. (IYC) 0.8 $14M 197k 72.95
iShares MSCI South Korea Index Fund (EWY) 0.7 $14M 215k 65.00
iShares MSCI Malaysia Index Fund 0.7 $14M 909k 15.28
iShares MSCI Germany Index Fund (EWG) 0.7 $13M 500k 26.89
iShares MSCI Sweden Index (EWD) 0.7 $13M 420k 31.78
iShares MSCI Switzerland Index Fund (EWL) 0.7 $13M 486k 26.61
PowerShares DB Com Indx Trckng Fund 0.6 $11M 385k 28.96
Chesapeake Midstream Partners 0.6 $11M 369k 28.70
Ipath Dow Jones-aig Commodity (DJP) 0.5 $10M 213k 47.23
Exterran Partners 0.5 $9.5M 371k 25.68
Exxon Mobil Corporation (XOM) 0.4 $7.6M 93k 81.38
Monsanto Company 0.4 $7.5M 103k 72.55
Deere & Company (DE) 0.3 $6.6M 81k 82.44
Barclays Bank Plc etn djubs pmet38 (JJPFF) 0.3 $5.3M 61k 86.81
Archer Daniels Midland Company (ADM) 0.2 $3.9M 129k 30.15
CF Industries Holdings (CF) 0.1 $2.3M 16k 141.68
ConocoPhillips (COP) 0.1 $2.0M 27k 75.18
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.1 $1.7M 27k 61.93
Mosaic (MOS) 0.1 $1.6M 24k 67.75
Occidental Petroleum Corporation (OXY) 0.1 $1.6M 15k 104.03
Newmont Mining Corporation (NEM) 0.1 $1.4M 25k 53.96
Freeport-McMoRan Copper & Gold (FCX) 0.1 $1.4M 26k 52.90
AGCO Corporation (AGCO) 0.1 $1.1M 23k 49.36
Apache Corporation 0.1 $896k 7.3k 123.35
Halliburton Company (HAL) 0.1 $884k 17k 51.00
Corn Products International 0.1 $1.0M 19k 55.30
Rosetta Resources 0.1 $1.0M 20k 51.52
Anadarko Petroleum Corporation 0.0 $723k 9.4k 76.71
Marathon Oil Corporation (MRO) 0.0 $711k 14k 52.71
Bill Barrett Corporation 0.0 $806k 17k 46.35
iShares iBoxx $ High Yid Corp Bond (HYG) 0.0 $813k 8.9k 91.35
National-Oilwell Var 0.0 $627k 8.0k 78.23
Alcoa 0.0 $549k 35k 15.85
Baker Hughes Incorporated 0.0 $598k 8.2k 72.63
Quicksilver Resources 0.0 $642k 44k 14.76
Comstock Resources 0.0 $473k 16k 28.76
Carrizo Oil & Gas 0.0 $599k 14k 41.75
Stone Energy Corporation 0.0 $549k 18k 30.40
Swift Energy Company 0.0 $583k 16k 37.30
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.0 $515k 4.7k 109.30
Peabody Energy Corporation 0.0 $302k 5.1k 58.88
Noble Energy 0.0 $300k 3.3k 89.74
Nucor Corporation (NUE) 0.0 $425k 10k 41.28
Hess (HES) 0.0 $428k 5.7k 74.72
Williams Companies (WMB) 0.0 $337k 11k 30.25
Chesapeake Energy Corporation 0.0 $370k 13k 29.70
W&T Offshore (WTI) 0.0 $337k 13k 26.13
Cliffs Natural Resources 0.0 $440k 4.8k 92.50
Gulfport Energy Corporation 0.0 $369k 12k 29.73
Northern Oil & Gas 0.0 $437k 20k 22.16
Intrepid Potash 0.0 $350k 11k 32.50
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $362k 3.5k 103.43
PowerShares Emerging Markets Sovere 0.0 $450k 17k 27.07
Valero Energy Corporation (VLO) 0.0 $276k 11k 25.55
Penn Virginia Corporation 0.0 $222k 17k 13.19
Petroleum Development Corporation 0.0 $259k 8.7k 29.91
Southwestern Energy Company 0.0 $283k 6.6k 42.94
Contango Oil & Gas Company 0.0 $277k 4.7k 58.53
CONSOL Energy 0.0 $208k 4.3k 48.44
ATP Oil & Gas Corporation 0.0 $226k 15k 15.30
PetroQuest Energy 0.0 $144k 21k 7.03
VAALCO Energy (EGY) 0.0 $127k 21k 6.05
Hecla Mining Company (HL) 0.0 $112k 15k 7.71
Rex Energy Corporation 0.0 $124k 12k 10.26
Smart Modular Technologies 0.0 $100k 11k 9.17
Clayton Williams Energy 0.0 $132k 2.2k 60.11
Harvest Natural Resources 0.0 $138k 13k 11.02
Primedia 0.0 $98k 14k 7.05
Vanguard Natural Resources 0.0 $253k 9.0k 28.05
BPZ Resources 0.0 $119k 36k 3.27
L-1 Identity Solutions 0.0 $122k 10k 11.73
United States Steel Corporation 0.0 $216k 4.7k 46.12
Callon Pete Co Del Com Stk 0.0 $101k 14k 7.01
FX Energy 0.0 $169k 19k 8.77
Abraxas Petroleum 0.0 $130k 34k 3.85
Allegheny Technologies Incorporated (ATI) 0.0 $219k 3.5k 63.35
Cameron International Corporation 0.0 $233k 4.6k 50.19
Warren Resources 0.0 $100k 26k 3.80
Approach Resources 0.0 $185k 8.2k 22.69
Energy Partners 0.0 $197k 13k 14.78
Magnum Hunter Resources Corporation 0.0 $253k 37k 6.77
Endeavour International C 0.0 $173k 12k 15.05
SPDR Barclays Capital High Yield B 0.0 $201k 5.0k 40.20
Hyperdynamics Corp 0.0 $214k 50k 4.29
GMX Resources 0.0 $94k 21k 4.47
Fushi Copperweld 0.0 $69k 12k 5.70
Delta Petroleum (DPTR) 0.0 $35k 70k 0.50
McCormick & Schmick's Seafood Restaurant (MSSR) 0.0 $94k 11k 8.62
Barclays Bank Plc etf 0.0 $11k 375.00 29.33
Barclays Bank Plc etn djubs grns37 0.0 $17k 356.00 47.75
Barclays Bk Plc etn djubs copr37 0.0 $15k 260.00 57.69
Barclays Bank Plc etn djubssoft 38 (JJSSF) 0.0 $28k 345.00 81.16